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ESGU vs. BBUS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ESGU vs. BBUS

Last updated Jun 24, 2026

ESGU (iShares ESG Aware MSCI USA ETF) and BBUS (JPMorgan BetaBuilders U.S. Equity ETF) are both Large Cap Blend Equities funds - ESGU tracks the MSCI USA Extended ESG Focus Index while BBUS tracks the Morningstar US Target Market Exposure Index. Both are passively managed. Over the past 5 years, ESGU returned 11.91%/yr vs 12.52%/yr for BBUS. With a 0.99 correlation, they move nearly in lockstep. ESGU charges 0.15%/yr vs 0.02%/yr for BBUS.

Performance

ESGU vs. BBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Aware MSCI USA ETF (ESGU) and JPMorgan BetaBuilders U.S. Equity ETF (BBUS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ESGU achieves a 8.38% return, which is significantly higher than BBUS's 7.57% return.

ESGU

1D
-1.34%
1M
-1.03%
YTD
8.38%
6M
7.35%
1Y
23.73%
3Y*
20.47%
5Y*
11.91%
10Y*
—

BBUS

1D
-1.68%
1M
-1.53%
YTD
7.57%
6M
6.62%
1Y
22.78%
3Y*
20.70%
5Y*
12.52%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ESGU vs. BBUS - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
ESGU
iShares ESG Aware MSCI USA ETF		8.38%16.90%24.31%25.79%-20.27%26.89%22.54%17.93%
BBUS
JPMorgan BetaBuilders U.S. Equity ETF		7.57%17.77%24.89%27.20%-19.46%27.13%20.69%16.26%

Correlation

The correlation between ESGU and BBUS is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.99

Correlation (3Y)
Calculated over the trailing 3-year period

1.00

Correlation (5Y)
Calculated over the trailing 5-year period

1.00

Correlation (All Time)
Calculated using the full available price history since Mar 13, 2019

0.99

The correlation between ESGU and BBUS has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

ESGU vs. BBUS - Sectors Allocation Comparison

Sectors
ESGU
BBUS

Technology

39.4%
38.1%

Financial Services

11.1%
11.2%

Communication Services

9.9%
10.0%

Consumer Cyclical

9.3%
9.1%

Healthcare

8.9%
8.0%

Industrials

8.0%
7.4%

Consumer Defensive

4.2%
4.4%

Energy

3.4%
3.0%

Real Estate

2.1%
1.7%

Basic Materials

1.9%
1.2%

Utilities

1.8%
2.6%

Technology

ESGU
39.4%
BBUS
38.1%

Financial Services

ESGU
11.1%
BBUS
11.2%

Communication Services

ESGU
9.9%
BBUS
10.0%

Consumer Cyclical

ESGU
9.3%
BBUS
9.1%

Healthcare

ESGU
8.9%
BBUS
8.0%

Industrials

ESGU
8.0%
BBUS
7.4%

Consumer Defensive

ESGU
4.2%
BBUS
4.4%

Energy

ESGU
3.4%
BBUS
3.0%

Real Estate

ESGU
2.1%
BBUS
1.7%

Basic Materials

ESGU
1.9%
BBUS
1.2%

Utilities

ESGU
1.8%
BBUS
2.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares ESG Aware MSCI USA ETF

JPMorgan BetaBuilders U.S. Equity ETF

Often compared with ESGU:
ESGU vs. ESGVESGU vs. SPYESGU vs. ESGDESGU vs. ESGEESGU vs. SUSAESGU vs. VOOESGU vs. IVV
Often compared with BBUS:
BBUS vs. VOOBBUS vs. VTIBBUS vs. BBREBBUS vs. SPTMBBUS vs. QQQBBUS vs. BBCABBUS vs. SCHK

Return for Risk

ESGU vs. BBUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ESGU
ESGU Risk / Return Rank: 5858
Overall Rank
ESGU Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
ESGU Sortino Ratio Rank: 5555
Sortino Ratio Rank
ESGU Omega Ratio Rank: 5656
Omega Ratio Rank
ESGU Calmar Ratio Rank: 5555
Calmar Ratio Rank
ESGU Martin Ratio Rank: 6565
Martin Ratio Rank
BBUS
BBUS Risk / Return Rank: 5656
Overall Rank
BBUS Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
BBUS Sortino Ratio Rank: 5454
Sortino Ratio Rank
BBUS Omega Ratio Rank: 5555
Omega Ratio Rank
BBUS Calmar Ratio Rank: 5252
Calmar Ratio Rank
BBUS Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ESGU vs. BBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware MSCI USA ETF (ESGU) and JPMorgan BetaBuilders U.S. Equity ETF (BBUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

ESGUBBUSDifference
Sharpe ratioReturn per unit of total volatility
1.86
1.82

+0.04

Sortino ratioReturn per unit of downside risk
2.52
2.48

+0.04

Omega ratioGain probability vs. loss probability

1.33

1.33

0.00

Calmar ratioReturn relative to maximum drawdown

2.58

2.49

+0.09

Martin ratioReturn relative to average drawdown

11.27

10.97

+0.30

ESGU vs. BBUS - Sharpe Ratio Comparison

The current ESGU Sharpe Ratio is 1.86, which is comparable to the BBUS Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of ESGU and BBUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ESGU vs. BBUS - Drawdown Comparison

The maximum ESGU drawdown since its inception was -33.87%, roughly equal to the maximum BBUS drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for ESGU and BBUS.

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Drawdown Indicators

ESGUBBUSDifference

Max Drawdown

Largest peak-to-trough decline

-33.87%

-35.35%

+1.48%

Max Drawdown (1Y)

Largest decline over 1 year

-9.26%

-9.21%

-0.05%

Max Drawdown (3Y)

Largest decline over 3 years

-19.32%

-19.01%

-0.31%

Max Drawdown (5Y)

Largest decline over 5 years

-26.15%

-25.46%

-0.69%

Current Drawdown

Current decline from peak

-3.19%

-3.47%

+0.28%

Average Drawdown

Average peak-to-trough decline

-4.88%

-5.43%

+0.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.11%

2.08%

+0.03%

Volatility

ESGU vs. BBUS - Volatility Comparison

iShares ESG Aware MSCI USA ETF (ESGU) and JPMorgan BetaBuilders U.S. Equity ETF (BBUS) have volatilities of 4.97% and 5.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ESGUBBUSDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.97%

5.00%

-0.03%

Volatility (6M)

Calculated over the trailing 6-month period

10.11%

9.95%

+0.16%

Volatility (1Y)

Calculated over the trailing 1-year period

12.81%

12.59%

+0.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.42%

17.14%

+0.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.60%

19.59%

-0.99%

ESGU vs. BBUS - Expense Ratio Comparison

ESGU has a 0.15% expense ratio, which is higher than BBUS's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ESGU vs. BBUS - Dividend Comparison

ESGU's dividend yield for the trailing twelve months is around 0.95%, less than BBUS's 1.01% yield.

PositionTTM202520242023202220212020201920182017
BBUS
JPMorgan BetaBuilders U.S. Equity ETF		1.01%1.07%1.21%1.38%1.57%1.11%1.43%1.37%0.00%0.00%
ESGU
iShares ESG Aware MSCI USA ETF		0.95%0.99%1.18%1.43%1.58%1.06%1.27%1.32%1.73%1.82%

Frequently Asked Questions

With a correlation of 0.99, ESGU and BBUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

BBUS has higher volatility (5.00%) compared to ESGU (4.97%). In terms of maximum drawdown, ESGU dropped -33.87% vs BBUS's -35.35%.

On 5-year performance, BBUS leads with 12.52% vs 11.91% for ESGU. On fees, BBUS is cheaper at 0.02% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, BBUS has performed better with a 12.52% return vs 11.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BBUS is cheaper with a 0.02% expense ratio, compared with 0.15% for ESGU.

BBUS has the higher dividend yield at 1.01%, compared with 0.95% for ESGU.

ESGU tracks MSCI USA Extended ESG Focus Index, while BBUS tracks Morningstar US Target Market Exposure Index. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.15% for ESGU and 0.02% for BBUS.

ESGU currently has the higher Sharpe Ratio (1.86 vs 1.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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